New Oriental CFO talks about learning and thinking back into: It doesn't matter with the industry

More information on the April 26 news, New Oriental CFO Shedong yesterday's analyst meeting, talked about the study and thinking of the new investment, although he did not directly mention "learn to think" three words, but in detail to learn and think about the expansion of the view. "New Oriental has gone through this stage of expansion, which is the stage of opening 500 learning centers in three years." I think after a long period of expansion, we can usher in a longer period of harvest. Shedong talked. Shedong that they go through a year of expansion and then shrink for a year. This is considered from their business situation, because their main market is Beijing, because of changes in government governance policies that cause business to stop growing or shrink in size, so they have to grow in other markets. Xie Dong said the new Oriental did not have the plan. Since new Oriental has entered other markets, I have established a business in 50 cities and 120 learning centers outside Beijing and Shanghai. So the new Oriental 80% Business Network is located outside Beijing and Shanghai, so it does not need this type of growth. New Oriental CFO Shedong yesterday's analyst also revealed several other information that new Oriental, for example, is planning a new policy that will eliminate 3% to 5% of its employees at the bottom of the year; New Oriental will close 10 learning centers in the coming quarter, and the profit margin in Beijing will rise in the next two quarters due to the reorganization. Shanghai remains uncertain.